Berglof, E. and Von Thadden, E.L. (1999) The Changing Corporate Governance Paradigm: Implications for Transition and Developing and Countries. Annual Bank Conference on Development Economics, Washington DC, 28-30 April 1999, 135-162.
 Hart, O. (1995) Corporate Governance: Some Theory and Implications. The Economic Journal, 105, 678-689. http://dx.doi.org/10.2307/2235027
 Sarbah, A. and Xiao, W. (2015) Good Corporate Governance Structures: A Must for Family Businesses. Open Journal of Business and Management, 3, 40-57. http://dx.doi.org/10.4236/ojbm.2015.31005
 Davis, E. (2009) Do Ghanaian SMEs Need Corporate Governance Structures? Business & Financial Times, Ghana. http://www.modernghana.com/newsthread1/245735/22/178420#showcomments2
 Steel, W.F. and Webster, L.M. (1992) How Small Enterprises in Ghana Have Responded to Adjustment. World Bank Economic Review, 6, 423-438. http://dx.doi.org/10.1093/wber/6.3.423
 Ward, J.L. (1997) Growing the Family Business: Special Challenges and Best Practices. Family Business Review, 10, 322-337. http://dx.doi.org/10.1111/j.1741-6248.1997.00323.x
 Handler, W.C. (1989) Methodological Issues and Considerations in Studying Family Businesses. Family Business Review, 2, 257-276. http://dx.doi.org/10.1111/j.1741-6248.1989.00257.x
 Upton, N., Vinton, K., Seaman, S. and Moore, C. (1993) Research Note: Family Business Consultants—Who We Are, What We Do, and How We Do It. Family Business Review, 6, 301-311.
 Churchill, N.C. and Hatten, K.J. (1997) Non-Market-Based Transfers of Wealth and Power: A Research Framework for Family Business. Family Business Review, 10, 53-67.
 Habbershon, T.G. and Williams, M.L. (1999) A Resource-Based Framework for Assessing the Strategic Advantages of Family Firms. Family Business Review, 12, 1-25.
 Litz, R.A. (1995) The Family Business: Toward Definitional Clarity. Family Business Review, 8, 71-81.
 Colli, A., Pérez, P.F. and Rose, M.B. (2003) National Determinants of Family Firm Development? Family Firms in Britain, Spain, and Italy in the Nineteenth and Twentieth Centuries. Enterprise & Society, 4, 28-64. http://dx.doi.org/10.1093/es/4.1.28
 Sharma, P. (2004) An Overview of the Field of Family Business Studies: Current Status and Directions for the Future. Family Business Review, 17, 1-36. http://dx.doi.org/10.1111/j.1741-6248.2004.00001.x
 Brunaker, S. (1996) Introducing Second Generation Family Members into the Family Operated Business—A Constructionist Approach. Ph.D. Dissertation, Swedish University of Agricultural Sciences, Uppsala.
 Brunaker, S. (1999) Understanding the Succession Process in Family Businesses. In: Johannisson, H. and Landstrom, B., Eds., Images of Entrepreneurship and Small Business, Studentlitteratur, Lund, 35-57.
 Morck, R., Shleifer, A. and Vishny, R.W. (1988) Management Ownership and Market Valuation. Journal of Financial Economics, 20, 293-315. http://dx.doi.org/10.1016/0304-405X(88)90048-7
 Emmons, W.R. and Schmid, F.A. (1999) Corporate Governance and Corporate Performance. In: Stephen, S.C. and Gavin, B., Eds., Corporate Governance and Globalization: Long Range Planning Issues, Edward Elgar, Massachusetts, 59-94.
 Gompers, P., Ishii, J. and Metrick, A. (2003) Corporate Governance and Equity Prices. Quarterly Journal of Economics, 118, 107-155. http://dx.doi.org/10.1162/00335530360535162
 Severin, E. (2001) Ownership Structure and the Performance of Firms: Evidence from France. European Journal of Economic and Social Systems, 15, 85-107. http://dx.doi.org/10.1051/ejess:2001117
 Drobetz, W., Schillhofer, A. and Zimmerman, H. (2004) Corporate Governance and Expected Stock Returns: Evidence from Germany. European Financial Manaement, 10, 267-293.
 Klapper, L.F. and Love, I. (2004) Corporate Governance, Investor Protection, and Performance in Emerging Markets. Journal of Corporate Finance, 10, 703-728.
 Brown, L.D. and Caylor, M.L. (2006) Corporate Governance and Firm Valuation. Journal of Accounting and Public Policy, 25, 409-434. http://dx.doi.org/10.1016/j.jaccpubpol.2006.05.005
 Walls, J.L., Berrone, P. and Phan, P.H. (2012) Corporate Governance and Environmental Performance: Is There Really a Link? Strategic Management Journal, 33, 885-913. http://dx.doi.org/10.1002/smj.1952
 Van Den Heuvel, J., Van Gils, A. and Voordeckers, W. (2006) Board Roles in Small and Medium-Sized Family Businesses: Performance and Importance. Corporate Governance, 14, 467-485.
 Poutziouris, P.Z. (2001) The Views of Family Companies on Venture Capital: Empirical Evidence from the UK Small to Medium-Size Enterprising Economy. Family Business Review, 14, 277-291.
 Mueller, K.R. (1988) Differential Directorship: Special Sensitivities and Roles for Serving the Family Business Board. Family Business Review, 1, 239-247.
 Kaplan, S.N. and Reishus, D. (1990) Outside Directorship and Corporate Performance. Journal of Financial Economics, 27, 389-410. http://dx.doi.org/10.1016/0304-405X(90)90061-4
 Byrd, J.W. and Hickman, K.A. (1992) Do Outside Directors Monitor Managers? Evidence from Tender Offer Bids. Journal of Financial Economics, 32, 195-222.
 Brickley, J.A., Coles, J.L. and Terry, R.L. (1994) Outside Directors and the Adoption of Poison Pills. Journal of Financial Economics, 35, 371-390. http://dx.doi.org/10.1016/0304-405X(94)90038-8
 Rosenstein, S. and Wyatt, J.G. (1990) Outside Directors, Board Independence and Shareholders Wealth. Journal of Financial Economics, 26, 175-191. http://dx.doi.org/10.1016/0304-405X(90)90002-H
 Judge, W.Q., Naoumova, I. and Koutzevol, N. (2003) Corporate Governance and Firm Performance in Russia: An Empirical Study. Journal of World Business, 38, 385-396.
 Kumar, N. and Singh, J.P. (2012) Outside Directors, Corporate Governance and Firm Performance: Empirical Evidence from India. Asian Journal of Finance & Accounting, 4, 39-55.
 Pye, A. (2000) Changing Scenes In, From and Outside the Board Room: UK Corporate Governance in Practice from 1989-1999. Corporate Governance, 8, 335-346.
 Long, T., Dulewicz, V. and Gay, K. (2005) The Role of the Non-Executive Director: Findings of an Empirical Investigation into the Differences between Listed and Unlisted UK Boards. Corporate Governance, 13, 667-679. http://dx.doi.org/10.1111/j.1467-8683.2005.00458.x
 Kisfalvi, V. (2000) The Threat of Failure, the Perils of Success and CEO Character: Sources of Strategic Persistence. Organization Studies, 21, 611-639. http://dx.doi.org/10.1177/0170840600213006
 Cannella, A. and Monroe, M. (1997) Contrasting Perspectives on Strategic Leaders: Towards a More Realistic View of Top Managers. Journal of Management, 23, 213-237.
 Pfeffer, J. (1981) Management as Symbolic Action: The Creation and Maintenance of Organisational Paradigms. In: Cummings, B.S.L., Ed., Research in Organizational Behavior, Vol. 3, CT JAI Press, Greenwich, 1-52.
 Boeker, W. and Goodstein, J. (1993) Performance and Successor Choice: The Moderating Effects of Governance and Ownership. Academy of Management Journal, 36, 172-186.
 Cannella, A.A. and Lubatkin, M.H. (1993) Succession as a Sociopolitical Process: Internal Impediments to Outsider Selection. Academy of Management Journal, 36, 763-793. http://dx.doi.org/10.2307/256758
 Zajac, E.J. and Westphal, J.D. (1996) Who Shall Succeed—How CEO Board Preferences and Power Affect the Choice of New CEOs. Academy of Management Journal, 39, 64-90.
 Gabrielsson, J. and Winlund, H. (2000) Boards of Directors in Small and Medium-Sized Industrial Firms: Examining the Effects of the Board’s Working Style on Board Task Performance. Entrepreneurship & Regional Development, 12, 311-330. http://dx.doi.org/10.1080/08985620050177930
 Shleifer, A. and Vishny, R.W. (1997) A Survey of Corporate Governance. The Journal of Finance, 52, 737-783. http://dx.doi.org/10.1111/j.1540-6261.1997.tb04820.x
 Randoy, T. and Goel, S. (2003) Ownership Structure, Founder Leadership, and Performance in Norwegian SMEs: Implications for Financing Entrepreneurial Opportunities. Journal of Business Venturing, 18, 619-637. http://dx.doi.org/10.1016/S0883-9026(03)00013-2
 Deakins, D., O’Neill, E. and Mileham, P. (2000) The Role and Influence of External Directors in Small Entrepreneurial Companies: Some Evidence on VC and Non-VC Appointed External Directors. Venture capital, 2, 111-127. http://dx.doi.org/10.1080/136910600295738
 Gabrielsson, J. and Huse, M. (2002) The Venture Capitalist and the Board of Directors in SMEs: Roles and Processes. Venture Capital, 2, 125-146. http://dx.doi.org/10.1080/13691060110094397
 Capital, G. (2012) Succession or Failure: Why Succession Planning Is Key to Long-Term Success.
 van den Heuvel, J., Goel, S., Van Gils, A. and Voordeckers, W. (2007) Family Businesses as Emotional Arenas: The Influence of Family CEO’s Empathy and External Monitoring on the Importance of Family Goals. Res. Cent. Innov. Entrep., 1-45.
 Arosa, B., Iturralde, T. and Maseda, A. (2010) Outsiders on the Board of Directors and Firm Performance: Evidence from Spanish Non-Listed Family Firms. Journal of Family Business Strategy, 1, 236-245. http://dx.doi.org/10.1016/j.jfbs.2010.10.004
 Gupta, S.L., Hothi, B.S. and Gupta, A. (2011) Corporate: Independent Directors in the Board. Global Journal of Management and Business Research, 11, 57-74. http://dx.doi.org/10.1111/j.1540-6261.1997.tb04820.x